Moody's Retains A1 Rating, China Claims Its Economy is Resistant to Pressure

Pudong area in Shanghai City became the center of economic turmoil in China. (Wikimedia Commons - King of Hearts)

JAKARTA - China received a positive signal from Moody's when the global economy was still under pressure. The rating agency maintained China's credit rating at A1 level and raised its outlook to stable.

China's Ministry of Finance welcomed Moody's decision. An official of the ministry called the decision a recognition of China's macroeconomic and fiscal resilience amid external pressures.

The official said China's economy grew 5 percent in the first quarter of 2026. The figure was said to exceed market expectations.

According to the official, the Chinese government has implemented a macroeconomic policy package and strengthened policy coordination. This step was taken at a time when global trade was changing rapidly and geopolitical risks continued to increase.

China's Ministry of Finance also said its economy was able to withstand pressure. The direction of growth, said the official, is moving towards innovation and improvement of the economic structure.

China considers its huge domestic market, complete supply chain, and export competitiveness to be important bases for the creditworthiness of its country.

"We will continue to deepen comprehensive reforms, continue to promote the transformation of the economic structure, steadily improve fiscal sustainability, accelerate the development of new quality productive forces, and strengthen the foundation for stable economic operations," the official said.

The official added that China would use the certainty of its economic and social development to make a greater contribution to the recovery and prosperity of the world economy.